All 1497 apartments now sold out in Proud Funabashi

All 1,497 apartments in Nomura’s ‘Proud Funabashi’ development in Chiba have sold out. Nomura received a total of 2,919 purchase applications, and over 24,000 people visited their sales showroom since its opening in June 2012.

Apartments were released for sale in stages, with each stage selling out on the first day of sales.

The 3 and 4-bedroom apartments were priced from 25 to 57 million Yen and ranged in size from 70 to 100 sqm (753 ~ 1076 sqft). The average age of a  buyer was 41 years and the average household had 2.6 people.

Proud Funabashi comprises five residential buildings on a 50,000 sqm site. The first two buildings were ready to move into in March 2013. It is a1 minute walk from Shin Funabashi Station and 30 minutes by train from Tokyo Station.

Sources:
Suumo Journal, September 7, 2013.
The Jyutaku Shimpo, September 6, 2013.

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